Regardless of what news anyone watches, even Bernie Sanders said it won’t help anyone. He’s wrong as well. It will line the pockets of friends of D.C. swamp dwellers who reside on both sides of the aisle. Follow the money and see who and what entities benefit.
And oh, let us know when the lowly public see the benefits. 😂 😂
Cheers!!
CNN must now parrot Fox News as both Jake Tapper and Brianna Keiler made the same claims to administration spokespeople.
This bill will have next to no impact on the environment but those 87,000+ new IRS employees are sure going to make an impact on the working poor and the middle class.
Himes is a smart guy and he knows this is nonsense. Huge problem with bill being foisted on Congress with literally no time to read.
Absolute joke.
Actually, they all started to read the bill. When each one of them realized that IRA had nothing to do with their Individual Retirement Account, they stopped reading.
Just what did Republican Candidate Stevenson read to prompt her to issue a statement on the so-called Inflation Reduction Act? How long did her review take? Item by item, what are her criticisms? Factual information about the Act. Sharing opinions of reasons for her prioritizing border issues as one example to CT voters to the funding by the State of CT of basic educational funding in poor cities of the state with apparently different reasons for current funding parity and no comments about expected results for youth caught in such a system.
What is the “real immediate relief” for CT families and businesses in Fairfield County that in her opinion would serve November voters better? And how does Washington DC lawmaking process itself, counter any expectation of immediacy? Time will tell.
Fair points. I would hazard a guess that Candidate Stevenson read as much if not more than almost all our Representatives and Senators.
Remember Pelosi’s comment on healthcare legislation legislation that had to be voted on almost immediately with next to no debate – We have to pass it so we can see what’s in it.
On bills of such magnitude, why can’t they require it be posted for 3-4 days before a vote. Every politician of either party only wants transparency when the other side presents a bill.
Stevenson’s remarks are consistent with summaries using the Penn-Wharton Model which the Congressional Budget Office used in its conclusion that the legislation would have little if any impact on inflation.
Denis and Tom,
Good comments on governmental process. In my opinion such procedures as we get to observe do not meet OPEN, ACCOUNTABLE, TRANSPARENT and HONEST which I continually reference. Why is that so? Does no one care? Or does the continuation of a less informed public fit the wants and needs of our representatives who perform closer insight and have paths to secure info not available to voters.
Is it possible for an OMNIBUS bill like recently named IRA to make an outline available with relevant sections indicated and references to details specific? Or is there routinely an Executive Summary?
How did one element of IRA, an increase in allocations to the IRS, “morph” into 87,000 newly hired IRS personnel, armed with automatic weapons, confronting Midwest middleclass taxpayers at their front door to produce more revenue? Why does a Republican candidate for Senator in CT use this story to burden her opponent? Isn’t this “news” a warning to test her future statements for credibility and trustworthiness? Time will tell.
The Wall Street Journal today has articles reiterating the falsehood of Democrat Party claim that the ‘Inflation Reduction Act’ will reduce inflation. The Penn-Wharton model supports this position.
The WSJ now cites a study that concludes the ‘Inflation Reduction Act’ claim to address ‘climate control’ is also false as supported by using the United Nations model.
What is next? Will Democrats introduce a ‘Crime Reduction Act’ and claim victory based on having the votes for another ‘Tax and Spend’ farce?
Up until now all inflation has been caused by the government — .i.e. peacetime deficit spending. (1965 to today)
This inflation is pandemic-related. To be precise, disrupted supply chains means de-globalization will be costly and time consuming. .
Trump and Biden signed The CARES Act because our government’s biggest fear is deflation. History is inflationary. Our longstanding $30trillion debt is greasing the skids!
This bill wasn’t rushed and it’s been years in the making. “Non-partisan economists and stakeholders say…” It’s obvious she watched Fox News.
https://www.vox.com/policy-and-politics/2022/8/16/23306588/biden-inflation-reduction-act-climate-pollution-energy
Regardless of what news anyone watches, even Bernie Sanders said it won’t help anyone. He’s wrong as well. It will line the pockets of friends of D.C. swamp dwellers who reside on both sides of the aisle. Follow the money and see who and what entities benefit.
And oh, let us know when the lowly public see the benefits. 😂 😂
Cheers!!
I’m in total agreement RA.
CNN must now parrot Fox News as both Jake Tapper and Brianna Keiler made the same claims to administration spokespeople.
This bill will have next to no impact on the environment but those 87,000+ new IRS employees are sure going to make an impact on the working poor and the middle class.
Himes is a smart guy and he knows this is nonsense. Huge problem with bill being foisted on Congress with literally no time to read.
Absolute joke.
Actually, they all started to read the bill. When each one of them realized that IRA had nothing to do with their Individual Retirement Account, they stopped reading.
Just what did Republican Candidate Stevenson read to prompt her to issue a statement on the so-called Inflation Reduction Act? How long did her review take? Item by item, what are her criticisms? Factual information about the Act. Sharing opinions of reasons for her prioritizing border issues as one example to CT voters to the funding by the State of CT of basic educational funding in poor cities of the state with apparently different reasons for current funding parity and no comments about expected results for youth caught in such a system.
What is the “real immediate relief” for CT families and businesses in Fairfield County that in her opinion would serve November voters better? And how does Washington DC lawmaking process itself, counter any expectation of immediacy? Time will tell.
Fair points. I would hazard a guess that Candidate Stevenson read as much if not more than almost all our Representatives and Senators.
Remember Pelosi’s comment on healthcare legislation legislation that had to be voted on almost immediately with next to no debate – We have to pass it so we can see what’s in it.
On bills of such magnitude, why can’t they require it be posted for 3-4 days before a vote. Every politician of either party only wants transparency when the other side presents a bill.
Stevenson’s remarks are consistent with summaries using the Penn-Wharton Model which the Congressional Budget Office used in its conclusion that the legislation would have little if any impact on inflation.
Denis and Tom,
Good comments on governmental process. In my opinion such procedures as we get to observe do not meet OPEN, ACCOUNTABLE, TRANSPARENT and HONEST which I continually reference. Why is that so? Does no one care? Or does the continuation of a less informed public fit the wants and needs of our representatives who perform closer insight and have paths to secure info not available to voters.
Is it possible for an OMNIBUS bill like recently named IRA to make an outline available with relevant sections indicated and references to details specific? Or is there routinely an Executive Summary?
How did one element of IRA, an increase in allocations to the IRS, “morph” into 87,000 newly hired IRS personnel, armed with automatic weapons, confronting Midwest middleclass taxpayers at their front door to produce more revenue? Why does a Republican candidate for Senator in CT use this story to burden her opponent? Isn’t this “news” a warning to test her future statements for credibility and trustworthiness? Time will tell.
The Wall Street Journal today has articles reiterating the falsehood of Democrat Party claim that the ‘Inflation Reduction Act’ will reduce inflation. The Penn-Wharton model supports this position.
The WSJ now cites a study that concludes the ‘Inflation Reduction Act’ claim to address ‘climate control’ is also false as supported by using the United Nations model.
What is next? Will Democrats introduce a ‘Crime Reduction Act’ and claim victory based on having the votes for another ‘Tax and Spend’ farce?
Up until now all inflation has been caused by the government — .i.e. peacetime deficit spending. (1965 to today)
This inflation is pandemic-related. To be precise, disrupted supply chains means de-globalization will be costly and time consuming. .
Trump and Biden signed The CARES Act because our government’s biggest fear is deflation. History is inflationary. Our longstanding $30trillion debt is greasing the skids!